Memecoin search interest and market performance steals spotlight from Bitcoin
Memecoins have surged in popularity, outpacing Bitcoin in both search interest and market gains, but how long the trend will last is unclear.
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PayPal suspends user for crypto trading using PayPal’s own service
The user’s funds are reportedly under a 180-day hold. 1721 Total views 13 Total shares A PayPal user reports their account has been restricted after they traded crypto too frequently using the platform.According to U.S.-based Reddit user TheCoolDoc, PayPal sent them a message stating that it had permanently limited their account “due to potential risk.”…
Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more
Trump NFTs daily sales surge by 800%Former United States President Donald Trump’s nonfungible token (NFT) trading card collection has witnessed a massive resurgence in daily sales volume in recent days.Compared to Jan. 17 sales volumes, Jan 18. and Jan. 19 saw spikes of 800% and 600% respectively, according to market metrics aggregator Cryptoslam.Some pundits believe…
From Encrypted Messaging to Critical Fire Systems: Blockchain for Security Sector
Blockchain-based systems’ decentralized nature makes for their formidable resiliency to the outsiders’ attempts to infiltrate or take down such networks. Governments, law enforcement agencies and even military leadership around the world seem to be embracing a more blockchain-friendly way of thinking as they realize that the power of distributed ledger technology (DLT) could be harnessed…
Email auto-reply vulnerability allows hackers to mine cryptocurrency
Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users' systems to mine cryptocurrency without their knowledge.
Soulbound Tokens: Social credit system or spark for global adoption?
Ethereum co-founder Vitalik Buterin’s Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto community. Soulbound Tokens or SBTs are non-transferable, non-financialized tokens tied to a unique profile proving verifiable achievements and commitments. Still at the concept stage, it’s suggested SBTs will be capable of tracking memberships, credentials and affiliations with…
Visa and Coinbase partner for instant crypto buys on debit cards
Coinbase and Visa have partnered to offer customers with eligible Visa debit cards the ability to instantly deposit, withdraw, and buy crypto.
Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin
The share price of Bitcoin (BTC) mining firms Riot Blockchain and Hive Blockchain has produced enormous year-to-date (YTD) gains, with stock in Riot nearly doubling while Hive tripled over 2020 so far.However, not all mining firms have fared well throughout the COVID-19 pandemic, with Canaan’s stock falling nearly 70% since early January, and both Hut…
Can Bitcoin whale deposits to exchanges actually predict BTC price?
Traders are increasingly checking on-chain data to "predict" both the short-term and long-term price trend of Bitcoin (BTC) using such platforms as CryptoQuant, Glassnode and WhaleAlert. Particularly, data points such as Bitcoin exchange inflows and outflows and stablecoin inflows are actively used by traders to anticipate where BTC may go next. 499 #BTC (29,979,163 USD) transferred…